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4 Usage Examples Depicting the Meaning of 'Cartel' in a Sentence

"A group of businesses or organizations from different countries that join together to control prices and production in a specific industry." more

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The book publishers established a cartel to coordinate book prices and distribution.
The toy manufacturers created a cartel to manage the production and pricing of toys.
The chocolate companies collaborated in a cartel to control cocoa prices.
The farmers joined a cartel to regulate the cost of their crops.

Cartel

kahr-tel
nounA group of businesses or organizations from different countries that join together to control prices and production in a specific industry.
Antonyms

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Last Updated On: May 29, 2024
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